Oil prices surged to $88.42 per barrel in May, lifting the monthly distribution to $0.02, but a proposed restructuring by SoftVest and Blackbeard Holdings looms as the real story for unitholders.
Permian Basin Royalty Trust :
PBT
PBT
Stock Data
$29.23
$0.02 (0.07%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
ENERGY
Industry
OIL & GAS MIDSTREAM
Permian Basin Royalty Trust is a unique investment entity that owns significant oil and gas royalties in the United States. With a focus on Texas, it holds a 75% interest in the Waddell Ranch, featuring multiple fields in Crane County, and a 95% interest in Texas Royalty properties across 33 counties. These properties span over 51,000 net producing acres, showcasing a diverse portfolio of oil fields. Established in 1980 and based in Dallas, Texas, the trust offers investors a share in the profits from these oil and gas operations.
Latest Activity
Q2 2026
Company Update
All Permian Basin Royalty Trust Articles
5 Articles